Today we have SC/BTC on the 1h chart, as there is not a lot of data for this asset, however, a lot of individuals have asked my opinion about this cryptocurrency and I'd like to give you all a brief overview.
As you can see price is creating several key areas of support and resistance which we can use to our advantage.
Currently, price is trading in between 58-46 sat and the trendline , if support holds and we manage to stay in this zone we will see a break of the trendline followed by a big move up!
If we see a break of support price will drop to the zone below, trading between 51 and 49.
A close below 290 would see price drop to lower levels.
Siacoin is currently a part of my portfolio, they have excellent potential long term.
As you can see price is creating several key areas of support and resistance which we can use to our advantage.
Currently, price is trading in between 58-46 sat and the trendline , if support holds and we manage to stay in this zone we will see a break of the trendline followed by a big move up!
If we see a break of support price will drop to the zone below, trading between 51 and 49.
A close below 290 would see price drop to lower levels.
Siacoin is currently a part of my portfolio, they have excellent potential long term.